Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. The Accounting Analyst will support the accounting and reporting activities for the direct insurance business, contributing to daily operations and monthly close activities while ensuring the accuracy and integrity of financial reporting.
Responsibilities
- Participating in monthly, quarterly, and year-end accounting close processes
- Maintaining daily cash books for business unit depository bank accounts
- Performing month-end cash reconciliations across our systems, and bank statements
- Recording and balancing direct insurance transactions in the general ledger from multiple source systems
- Recording paid claims from third-party administrators and preparing Positive-Pay reconciliations
- Preparing account reconciliations, schedules, and analytical support for general ledger balances
- Producing and distributing monthly premium billing statements to brokers
- Applying cash receipts to policyholder accounts
- Preparing accounts receivable aging reports and supporting collections for overdue premiums
- Processing commission expense checks via the PeopleSoft accounting system
- Supporting the Finance team with special projects and ad hoc reporting as needed
- Building strong, positive relationships across Finance and the broader organization
Skills
- Bachelor's degree (Accounting or Finance preferred)
- Strong analytical and problem-solving skills with an understanding of internal controls
- Excellent organizational skills and ability to manage multiple priorities
- Proficiency in Microsoft Excel
- Strong written and verbal communication skills
- Collaborative mindset with strong interpersonal skills
- 1–3 years of accounting experience, preferably in the insurance industry
- Accounting major strongly preferred
- Experience with general ledger systems, especially PeopleSoft and/or Oracle financial applications
Benefits
- Health
- Dental
- Vision
- Life
- Disability
- Wellness
- Paid Time Off
- 401(k)
- Profit-Sharing plans
Company Overview
- Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine. It was founded in 1992, and is headquartered in Westbrook, Maine, USA, with a workforce of 201-500 employees. Its website is https://www.acadiainsurance.com/.